AI
Wednesday, March 06, 2019 9:08:50 AM
Oh boy, what a crock. Never heard of SEC requesting shareholders below 500 to approve a corporate action. How would real companies with thousands of shareholders ever get such action?
Furthermore, how does a RS reduce the number of shareholders? It should only reduce the number of shares held by those shareholders. Even a sh with 50 shares should receive 1 share during the reorganization. Most retail shareholders have their shares held in street name through their brokers and would not be included in the count of shareholders. If you bought or sold through retail you are not included in the count...
Retail SH are just mushrooms, kept in the dark and feed crap...
Furthermore, how does a RS reduce the number of shareholders? It should only reduce the number of shares held by those shareholders. Even a sh with 50 shares should receive 1 share during the reorganization. Most retail shareholders have their shares held in street name through their brokers and would not be included in the count of shareholders. If you bought or sold through retail you are not included in the count...
Retail SH are just mushrooms, kept in the dark and feed crap...
"Videte Canes"
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